4, MARRIOTT CHASE, TAVERHAM, NORWICH, NR8 6QQ - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MARRIOTT CHASE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £342,592. It was last sold for £295,000 in March 2021, which was around 19% below the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 MARRIOTT CHASE Sold Prices

Land registry data shows two sales for 4 MARRIOTT CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 4 MARRIOTT CHASE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 26 MAR	£295,000	£363,679	19% below HPI
1999 6 AUG	£84,000	£92,241	9% below HPI

4 MARRIOTT CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 4 MARRIOTT CHASE sales from August 1999 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 MARRIOTT CHASE be worth now?

4 MARRIOTT CHASE might now be worth an estimated £342,592.

This is based on house price inflation of 16.1%, between March 2021 and March 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 4 MARRIOTT CHASE of £295,000 on 26th March 2021. For the value to have increased from £295,000 to £342,592 over the five years to March 2026, the following assumptions must hold true:

• The value of 4 MARRIOTT CHASE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARRIOTT CHASE has not materially changed since March 2021.

How Large is 4 MARRIOTT CHASE?

4 MARRIOTT CHASE is 107m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 4 MARRIOTT CHASE lies on this distribution: 41% of detached houses houses are smaller than 4 MARRIOTT CHASE, and 58% of houses are larger. Note that EPC data is not available for all properties in Taverham.

4 MARRIOTT CHASE: Plot and Title Map

4 MARRIOTT CHASE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 MARRIOTT CHASE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 MARRIOTT CHASE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 MARRIOTT CHASE?

4 MARRIOTT CHASE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on MARRIOTT CHASE.